Below is shown the Liabilities section of the 2018 Balance Sheet for Village Roadshow Ltd. Village operates several businesses. Primarily, Village operates a cinema business, where customers pay money to book seats in a cinema and watch a movie. Alongside the seats, the business makes money from selling food, drinks and snacks at the bar in the cinema, and from other non-related businesses (hotels and ski resorts). Working Space: Current liabilities Trade and other payables Lease liabilities Interest bearing loans and borrowings Income tax payable Provisions Unearned revenues Other current liabilities Total Current Liabilities 161,141 48,959 10,155 271 24,748 68,114 303 313,691 Non-current liabilities Trade and other payables Interest bearing loans and borrowings Lease liabilities Deferred tax liabilities Provisions Unearned revenues Total Non-current Liabilities 21,126 331,976 446,942 30 7,433 73,378 880,885 Total Liabilities 1,194,576 Further note: Total assets for the 2020 year: 1,442,413 Indicate which of the following statements is most correct by placing the number in the marked square-> 1 2 3 4 For Village Roadshow, unearned revenues are bad for the business as they indicate obligations and therefore expenses For Village Roadshow, unearned revenues are good for the business because they represent cash receipts in advance of screenings For Village Roadshow, unearned revenues are have no benefit or cost for the business because the company eventually have to provide the screening For Village Roadshow, unearned revenue is not material